Aircraft maker Airbus Group revealed on Tuesday its 20-year forecast for China's aircraft demand, with the country estimated to need about 6,000 aircraft worth $945 billion, the company said at the Zhuhai air show. read more

Sri Lanka is set to sell an 80 percent stake of its Hambantota port in its south to a Chinese company, an attempt to cut its debt burden, Ravi Karunanayake, the country's finance minister, said. read more

Alibaba Group Holding announced on Monday its plan to raise 10 billion yuan ($1.5 billion) to target China's cultural and entertainment industries and establish a separate cultural and entertainment group. read more

China's civilian airport market has now been made fully accessible to private capital after the national aviation authority issued on Sunday sweeping rights-granting guidelines, official media reported. read more

China's Shanghai Electric Power firm will buy a $1.77 billion controlling stake in K-electric, Pakistan's largest and only vertically integrated power utility, the Abraaj Group announced on Sunday. read more

Editor’s Pick

The Trump administration on Wednesday warned that it would vigorously defend US national interests against “hostile” powers such as China and Russia, vowing to use “all available tools” to combat unfair practices – a sign that the president may be preparing to erect new trade barriers. read more